The next major addition to the Xbox family, the Project Scorpio, is now scheduled for release in the holiday season of 2017. The new console is said to be four and half times more powerful than the existing Xbox one.

Microsoft practically surprised the whole gaming industry when it announced not one, but two gaming consoles coming to the Xbox One range at this year's Electronic Entertainment Expo. Now gamers are asking the all-important question: "Should I buy the Xbox One S in August, or wait for the Scorpio next year?"

Microsoft has shown many games at this year's Electronic Entertainment Expo press conference. One of the games that caught many people's attention is psychological thriller game, Compulstion Games' 'We Happy Few'.

Another video game rumor has been verified at this year's Electronic Entertainment Expo, or E3. Microsoft has confirmed the existence of a slimmer Xbox One, and fans will be able to get their hands on it very soon.

Rumors and speculation about Microsoft's next-generation console are intensifying ahead of the company's May 21 event, and a new report now claims another dashboard update will enter a public beta soon.